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20130201
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Search Results 0 to 34 of about 35 (some duplicates have been removed)
reform the entitlement programs, put tax reform in place, go through regular order in the finance committee as the chairman and others called for, to ensure we can get this under control. it's a commonsense proposal. we did it two years ago. most democrats and most republicans here on the floor supported it in the past. democrats in the house have also supported it, about 95 of them. it's a dollar-for-dollar reduction over ten years as we raise the debt limit. for folks who are wondering today -- the presiding officer: the senator's time has expired. mr. portman: thank you, madam chair. a senator: madam president? the presiding officer: the senator from montana. mr. baucus: madam president, january 23, i think it was a wednesday, something marvelous happened. what was that? the house, on a strong bipartisan basis, passed a bill which would raise the debt limit, extend the debt limit to may 18. bipartisan. speaker boehner is to be commended. this town is criticized for its lack of working together, it's too partisan. speaker boehner found a solution to help us relieve the pressure
a background check and pay a fine and back taxes before gaining legal status in the united states. all that is contingent on securing borders. the proposal provides for increased use of drones, more personnel and improved infrastructure and it would create an employment verification system and improve the process for admitting needed workers. cnn chief congressional correspondent dana bash and cnn chief white house correspondent jessica yellin are working the story. dana, the tone was pretty optimistic up on capitol hill today. >> it sure was but, you know, we have seen this movie before, you and i, wolf, and a lot of other people watching this issue go kind of up and down with the partisan wins. but this is something that is different this time. because of something very simple. and that is what happened in the last election to republicans. particularly mitt romney with the latino voters. he lost big time. and that's why when i asked senator mccain and others who were standing right here where i'm standing, half a dozen years ago, why this is different, that's why they answered that w
. [ phillips' lady ] live the regular life. phillips'. [ phillips' lady ] live the regular life. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. progress-oh! -oh! -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your story for a chance to win a progress-oh! makeover in hollywood. go to facebook.com/progresso to enter. >>> i'm candy crowley in washington with breaking news from the city of santa maria in brazil where a nightclub fire has killed at least 245 people. rafael romo is live in atlanta with more. >> candy, good morning. the death toll now stands at 245 after a massive fire in the city of santa maria in brazil. it broke out at about 2:00 a.m. this morning. more than 3,000 people were attending an event, a celebration as the end of summer in that part of the world when the fire broke out. it was a
finance minister started an initiative on this that this year g8 will look at tax evasion and tax fraud. i think it's enormously important issue, and i think the regulation on the shadow banking system, um, also needs to play a very important role for the russia meeting for the g20. we have quite a lot of regulation for our banks, basel iii comes to mind here. here, actually, we have to be vigilant that the lending capacity that is to boost, after all, economic growth doesn't get too contained, too limited, and i can only hope and join our partners in the united states to introdiscuss deuce this -- introduce this as well, otherwise a new imbalance here. through better regulation of banks, the capital that they need to the capital reserves that they need to have, we also see moral hazard in the sense that people increasingly seem to fly into the shadows of shadow banking. we were at one in saying when we agreed this at the g20 and the thought that every financial instrument, um, every financial be product, every financial market needs to be placed in regulation. we are very far from that. i
tax hikes for roads. massachusetts is consideringdering raising the state's gasoline sales and income taxes or imposing a tax based on how far someone drives. virginia wants to end its gasoline tax and increase the sales tax instead. >>> and "the washington post" has details of a new strain of norovirus. it appeared in australia last march and is spreading in britain. here in the u.s. it's caused half of the 266 norovirus outbreaks since september. it's responsible for about >>> all right. starting out with a lot of clouds around the bay area, fog thick around san jose. reports of some scattered light showers outside today. visibilities down to a quarter mile in concord and napa so watch out for fog. hit and miss scattered showers. highs in the 50s and 60s. cold air on the weekend and maybe a few cold showers. warming up next week. weather report sponsored by new pantene. healthy makes it happen. deaths each year. >>> the search engine that is searching you. googles is handing over more information about its users to law enforcement than ever b
-class families, of which could then go to educating their kids or building up their savings. tax reform, that is also important for conservatives and republicans. host: a question from our viewer -- guest: tom cotten, the congressman from arkansas, a friend of mine. he went to harvard, which i went to, so i'm biased. he went to harvard law school, which i don't hold against him. he volunteered for the army in 2004, served as an officer in iraq and afghanistan, work for is that business a while, had a close primary against an aggressive womaperson. but he won. there he is, a first term congressman in the house. he will be able to weigh in on the chuck hagel nomination. he has spoken eloquently on that. he is a real rising star in the house. he is already respected by his peers. he was involved with the speaker, paul ryan, and others, in trying to devise a tactical maneuver to get the debt ceiling moved back and to able to deal with sequester. he will have a tough decision in a few months. there's pressure on him in arkansas to run for senate in 2014 against price yoryor, a vulnerable dem
to stand out in a crowd, whether it's on taxes or regulations or in the past on immigration, you were completely shunned from the party. finally there's an understanding we've got to grow the party. what we've been saying for quite frankly for years and getting attacked, we want colin powell on our side. we want moderate republicans on our side. if we're going to be the majority party again, we've got to spend the party. >> are you saying they're pushing her out of the spotlight as part of making the stupid party less stupid? >> what i'm saying is that sarah palin represented a time and place in american politics. and not 2008 so much as 2010. and that time is passing us very quickly. and party leaders are finally understanding that. you know, roger els, i brought up richard haass, roger els before. roger els saw this coming well before the 2012 election. he had realized what had gone wrong. not only at his network but also in the conservative movement of the republican party. that's why he was running out and talking to chris christie saying, get in this race. you can save this party
during the years of planning. when famine came. the people have given us seven years of extra taxes. but i saw the wisdom adjusted, pay down our guests and stories receipts against the leaner times that will surely follow. in the midst of the great depression, franklin roosevelt said there's a mysterious cycle in human events. to some generations much is given. of others, much is expected. this generation has a rendezvous with destiny. we write in california have a rendezvous with destiny. around spc data and skepticism about about her future of america. but we have accomplished together all the people in assuming that you'll accomplish coming up. indeed the whole history of california belies such pessimism. i wonder how california began. in 1769 under king charles the third, orders were issued to dekalb ace, occupy important sites, san diego monterey for the crown of spain. his brave men made their way slowly north along an unchartered pass. eventually they reached moderate, could recognize that they had identified him as supplies failing, they marched san diego. for us to eat the
are unnecessary. >> they don't hit the elites, they don't hit the criminal. they hit the average hard-working tax-paying american. >> most republicans on the committee agree. >> i have a hard time telling my constituents in texas that congress is looking at passing a whole new raft of laws when the laws currently on the books are so woefully unenforced. >> the hearing touched on many measures congress is considering including strengthening background checks for gun buyers, lilting high capacity magazines and limitibanning ass weapons. even for some like patrick leahy -- >> americans have the right to self-defense, to have guns in their homes to protect their families. no one can take away those rights or their guns. >> as the hearing was going on, senators learned of a shooting in giffords' home state of arizona, one dead twoond wounded in phoenix. and illinois senator dick durbin told the story of another victim. this 15-year-old hadiya pendleton who performed at the inauguration. >> a gunman shot her dead in just a matter of days after the happiest day of her life. she's gone. >> one thing this
up on "good morning america." cheers. but more coming up on "good morning america." cheers. i'm a tax professional. that's all i know. prior to joining h&r block... i was a cfo for 25 years. we know and we understand... tax laws, tax theories. this is my dream job. this is my favorite thing in the world to do. i've done 25,000 tax returns. you might say i've had some experience. i will back you up. bring it on. body washes with paper that reacts like skin. if others can strip this paper, imagine how harsh they can be to your skin. oh my gosh. [ female announcer ] dove is different. its new breakthrough formula changes everything. new dove. this is care. you're always on, so we're always ready. tyson grilled & ready chicken. made with all white meat, 98% fat free, and fully cooked. we'll take care of dinner, you take care of everything else. to say get well to your loved ones. this came for you, mommy. [ female announcer ] but when you send a kleenex® care pack, complete with america's softest tissue, you're also giving a warm gesture of care. kleenex®. america's softest tissue. and
of comments last week about the issue of a carbon tax. that is something that keeps coming up on capitol hill that perhaps a legislative solution to the climate change problem would help. explain what a carbon tax is. guest: a carbon tax is really the ultimate climate policy. it is what economists and the environmentalists say would be the policy that would make a fundamental change in the market and in the environment. it would put a price on carbon pollution. carbon pollution is the main source -- or green as gases -- are the main cause of climate change -- global warming. there are coal-fired power plants that are allowed to emit carbon pollution and they do not pay. the idea is that if carbon polluters were to have to start paying, it raises the price of fossil fuel and raise the price of these polluting sources of energy and that will fundamentally drive the market toward cleaner, low pollution energies. it is also politically controversial. pricing carbon pollution means raising the price of electricity, gasoline, all the funds and always which we drive our economy. i think it would be
to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it plunged today, wolf. >> steve jobs died about a year and a half ago. what does all of this say about tim cook's tenure as the apple's ceo? >> it says you know what, you're going to get the blame, tim cook. you're the ceo so the buck stops with you. he saw the blowout of the iphone 4s and took the stocks to greater heights. it was around $375 when he took over. the price almost doubled in tim cook's first year in charge. it peaked in september when iphone 5 came out. since then, the shares have been tumbling. for one, wall street and analysts don't have much confidence that he can deliver like steve jobs did, that
continuing his campaign for extending tax cuts, um, for everyone but the wealthy top brackets, and so we had a fiscal cliff debate and fight on capitol hill where american taxpayers across the country paying their holiday bills were anxiously waiting to see what congress would do, and ultimately everyone but the top earners saw their tax cuts restored. and we went right into a debate about gun control and immigration reform. so it's true that the president has not talked about growth or the economy in a very long time. given this new data, though, and given the fact that we saw an anticipation of these sequestered cuts that the congress passed a long time ago and have the opportunity to undo but haven't yet and are set to go into effect on march 1, in anticipation of those cuts that really hit at defense spending we saw a big shrink in defense jobs, and that is going to continue, um, when we see the sequester go into effect in march. and it's going to hit domestic programs as well. combined that will be, produce a considerable dent to consumer demand. and as we get into a couple months down
is in washington, d.c. is your way or the highway. i mean the republicans won't touch taxes and the democrats -- >> but that is to the true. we just touched taxes. the sequestration is touching the fence. at some point it's great rhetoric, but it's not reality. >> also discretionary spending is at its lowest since 1953 and under this president we have addressed spending cuts. >> no, we have touched -- >> let's talk about -- >> we've touched discretionary because mandatory, medicare, medicaid, veterans' benefits are where the explosion is. >> aging population. >> the administration, the president particularly has gone to the table for a grand bargain several times and seems that much of the republican caucus in the house has not accepted some of the sacred cows that the administration has put on the table. the president talks about this in the interview in detail. >> i come back to the rule of life. a dollar spent on "a," cannot be spent on "b." you wonder why discretionary spending is so low, because nondiscretionary spending is crowding out the marine corps, scientific -- we'll be in an assi
became adults, we ended up paying more in taxes every year than my father and mother would pay in taxes as an immigrant family with a first and second grade education. i think that's a perfect example of why this is important. the bess they can we can do for the economy is to get this immigration -- comprehensive immigration reform right and get it done now. >> indeed. david, despite what we have just heard from the congressman who is very enthusiastic, rush limbaugh says the government's dole is what lures immigrants here. take a listen. >> i have seen a number of research, scholarly research data, which says that vast majority of arriving immigrants today come here because they believe that government is the source of prosperity. >> so that heaving mass of poison says that the borders are literally stacked full of people coming to take entitlements and benefits. >> yaen time yanytime you hear word scholarly research data and rush limbaugh together you know something is wrong. the congressman just told us a very shorthand story of his own family. obviously that one anecdote and many ot
.s. to earn citizenship by paying taxes and passing a background check, among other requirements. >> this is not just a debate about policy. it's about people. >> reporter: mr. obama described a largely similar bipartisan plan in the senate as encouraging, but republicans are already warning the president that there are limits to their willingness to compromise. >> if this endeavor becomes a bidding war to see who can come up with the easiest, quickest and cheapest pathway to green card possible, this thing is not going to go well, folks. >> reporter: still, after winning more than 70% of the latino vote last november, the president's senior advisers say the white house is more than comfortable publicly pressuring republicans. >> and if congress is unable to move forward in a timely fashion, i will send up a bill based on my proposal and insist that they vote on it right away. >> reporter: among those moved by the promise of reform, luis and maria berahas, who acknowledge they came to the u.s. from mexico city 14 years ago. visiting from their home in california, their 22-year-ol
because corporate profits are up, costs are down, the fiscal cliff agreement has locked in low taxes for most of the upper-middle class and wealthy, and there's no sign of inflation as far as the eye can see. but corporate profits can't stay high when american consumers whose spending is 70% of the u.s. economy are this pessimistic about the future. they're just not going to spend. american companies won't be able to make up the difference in forward markets. europe is careening into a recession. japan is still in deep trouble. china's growth has slowed. profits are the highest share of the u.s. economy on record. wages are the lowest. but this imbalance can't and won't last. >> can't and won't. and look what's happening on wall street. they're doing better, willie, than ever before. >> mm-hmm. >> ever before. for the past four years, wall street has exploded over the past four years. real income has dropped for middle-class americans. the poverty rate's gone up. one in four americans are on food stamps. you talk about two americas. john edwards is right. >> incomes. >> over the past
differently. he supported tax increases. what does that say to you? >> two things. he joins a growing list of senators whoa are frustrated with the senate. that's a problem for all americans. not one party or another, but it has to be functional again. two, split cally speaking, it's not a safe republican state. this is what people have to keep their eye on. republicans lean as the favorites in the beginning. nothing is a sure thing even in the state of georgia. >> what do you think? you study georgia closely. >> absolutely. one of the first states i campaign in. he said it has been a really outstanding conservative member before i got to know him. as well as the united states senate. he is on the farm bills and authored most of the authorization bills. clearly his decision is personal i'm sure. he is frustrated with washington, d.c. and members of both parties are frustrated with the gridlock. the republicans will nominate somebody in main street, but while georgia is the so-called red state, president obama was able to get more than 45% of the vote there. i assume that we are going have
that in our tax code. our tax code is so complicated because there are so many giveaways to the special interest groups or the well-connected that don't privilege americans that work hard and try to put food on the table. >> i have often wondered and explored this if people have an appetite for limited government? americans in general, the government keeps getting bigger. we struggle to obtain the a slower right of growth, which is a great vibtry in a way it is. have you found an appetite for limited government? or limited government for others and not for themselves? >> i believe so. i said often times in the campaign trail that the constitution is very popular and big government is not popular. that is where we should anchor our program and policies. you saw this in the president's speech on monday even though it was a very liberal speech. he didn't call for big government. >> the inaugural address? >> yeah, the inaugural address. that's because he knows what bill clinton knew in 1996, that big government is over. so i do think -- >> the era is over. >> yeah. again, if political leade
with him. i think this administration would much rather focus on guns and taxes and other social issues and not deal with the quagmire that is the middle east. the bush years were deep in iraq and afghanistan trying to get between the sunni and shia fight and i think this administration would rather not deal with it. sounds great, but i don't think that's an option because the foreign policy and the rest of the world comes knocking on your door and the way things are heading right now while we would like to ignore it or not i don't think we'll be able to. >> nbc's chief foreign correspondent richard engel, always good to see you. the invitation is open. i know you're not stateside much, but when you are, come back. >> i look forward to. >> now to what could shape up to be the senate race in 2014, the battle in kentucky. senate minority leader mitch mcconnell will be making a bid for a sixth term there and there's speculation that he could face a democrat who is pretty well known in her own right. her name is ashley judd. she made several appearances at inaugural parties last weekend and
of no income tax and the morgans and mellons and carnegie and rockefellers. we created more wealth for everyone. so we can do this recognizing that the energy market is a $6 trillion market compared to one with what, four billion users going up to nine billion over the course of the next 20, 30 years. this is a place for us to recognize what other countries are doing and what our states that are growing are doing, which is there is an extraordinary amount of opportunity in modernizing america's energy grid. we don't even have a grid in america. we have a big open gap in the circle of america. east coast grid, west coast grid and texas grid and a line from chicago over to the dakotas. we can't sell energy from minnesota to arizona or arizona to massachusetts or to the coal states. it doesn't make sense and can't be a modern country if we don't fix that infrastructure. i would respectfully say to you that climate change is not something to be feared in response to -- the steps to respond to -- it's to be feared if we don't. 3,500 communities in our nation last year broke records for heat. we had
Search Results 0 to 34 of about 35 (some duplicates have been removed)